PPP Loan information for Loro corporation

$481,297

Loro corporation was initially approved for PPP Loan of amount $481,297, the current approved amount is $481,297. The loan was approved on 04/07/2020 by The United Bank reported 20 jobs and $481,297 was used to fund payroll.

Loro corporation is Existing or more than 2 years old

PPP Loan Search / MD / MILLERSVILLE / Loro corporation

LORO CORPORATION

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LORO CORPORATION

Borrower Address

8684 Veterans Highway

Borrower City

MILLERSVILLE

Borrower State

MD

Borrower Zip

21108-1684

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

481297.00

Current Approval Amount

481297.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILLERSVILLE

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21108-1684

CD

MD-03

Jobs Reported

20

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2908.00

Payroll Proceed

420491.00

Mortgage Interest Proceed

0.00

Rent Proceed

15210.00

Refinance EIDL Proceed

0.00

Health Care Proceed

42688.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

486631.38

Forgiveness Date

05/21/2021

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